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Market Tantrums and Monetary Policy Proceedings of the U. S. Monetary Policy Forum 2014.

The ebook edition of this title is Open Access and freely available to read online. The 2014 U.S. Monetary Policy Forum brought together leading economists to address key medium-term issues facing the FOMC. This volume presents insights from academic and private-sector experts.

Bibliographic Details
Main Author: Chicago, University of
Corporate Author: Emerald Publishing Group
Format: eBook
Language:English
Published: Norwell, MA : Now Publishers, 2018.
Subjects:
Monetary policy.
Financial security.
Business & Economics > Economics > General.
Economic systems and structures.
Economics.
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Cover
  • Market Tantrums and Monetary Policy
  • Copyright
  • Table of Contents
  • Foreword
  • Market Tantrums and Monetary Policy
  • ABSTRACT
  • Introduction
  • Unleveraged Investors and Financial Conditions
  • A Model of Investor Behavior
  • Data Description
  • Measurement Issues in Mutual Fund Flows
  • Mutual Funds Flows and Valuation Changes
  • Assessing the Predictions of the Model
  • Feedback Loops Between Prices and Quantities
  • Bond Market Sentiment
  • Monetary Policy and Bond Market Sentiment
  • Conclusions
  • REFERENCES
  • APPENDIX
  • COMMENTS
  • COMMENTS
  • References
  • KEYNOTE SPEECH
  • Like It or Not, 90 Percent of a 'Successful Fed Communications' Strategy Comes from Simply Pursuinga Goal-oriented Monetary Policy Strategy
  • Panel discussion on"Lessons for Communications Policy from Our Experiences with Unconventional Monetary Policy"
  • Highlights
  • Introduction
  • Current State of Affairs
  • Competing Roles for Forward Guidance
  • Panel discussion on"Lessons for Communications Policy from Our Experiences with Unconventional Monetary Policy"
  • Introduction
  • Main Features of QQE and the Bank's Forward Guidance
  • Shifting from Interest Rate Targeting to Monetary Base Targeting
  • Importance of Raising Long-Term Inflation Expectations
  • The Bank's Communication Strategyand Two Descriptions in Its Forward Guidance
  • Why Is the Bank's Forward GuidanceSo Different from That of the Federal Reserve?
  • Communication and Challenges Faced by the Bank
  • Maintaining Low Levels of Real Interest Ratesand Communicating with the Markets
  • Inflation Outlook Gap between the Bank and Economists,and Promotion of Communication with the Latter
  • Communication to Enhance Public Understandingon the Importance of the 2 Percent Target
  • Communication about the 2 Percent Pinpoint Target.
  • Communication on Achieving the 2 Percent Target in a Stable Manner
  • 2014 US Monetary PolicyForum Participants
  • Acknowledgements.